Vendor Master Record:
Vendor master record contains information of vendors (suppliers). Vendor master record contains vendor's name, contact details, address, ordered currency, terms of payment, accounting information, reconciliation account and Excise details.
Vendor Master Record is maintained by both purchasing department and accounting department in SAP.
Structure of vendor master data:
Vendor master data maintains three specific areas data. Viz.,
1. General data:
Data which is maintained at client level and is applicable to all company codes is maintained in general data..
2. Company code data:
Data which is specific to company code is maintained at this level.
3. Purchasing data
Data which is specific to purchase organization, Partner roles for certain plants or vendor sub-range is maintained at this level.
Vendor Account Group:
Vendor account group in SAP is defined as classification of suppliers based on partner roles and assigning to one account group. i.e., Classification of suppliers as vendors, goods suppliers, forwarding agents, ordering addresses, one time vendors etc. and assigning to one account group. Example: Vendors-0001 etc.
Vendor account group controls.......
1. Number assignment
i.e. external number assignmet or internal number assignment.
2. Field selection
i.e. which field is mandatory, which field is optional, which field is hidden, which field is displayed.
3. Partner functions
i.e. vendors, ordering addressee, forwarding agent, goods supplier etc..
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| Vendor Master Data |
Vendor master record contains information of vendors (suppliers). Vendor master record contains vendor's name, contact details, address, ordered currency, terms of payment, accounting information, reconciliation account and Excise details.
Vendor Master Record is maintained by both purchasing department and accounting department in SAP.
 |
| Vendor Master Data Maintenance |
Structure of vendor master data:
Vendor master data maintains three specific areas data. Viz.,
1. General data:
Data which is maintained at client level and is applicable to all company codes is maintained in general data..
2. Company code data:
Data which is specific to company code is maintained at this level.
3. Purchasing data
Data which is specific to purchase organization, Partner roles for certain plants or vendor sub-range is maintained at this level.
Vendor Account Group:
Vendor account group in SAP is defined as classification of suppliers based on partner roles and assigning to one account group. i.e., Classification of suppliers as vendors, goods suppliers, forwarding agents, ordering addresses, one time vendors etc. and assigning to one account group. Example: Vendors-0001 etc.
Vendor account group controls.......
1. Number assignment
i.e. external number assignmet or internal number assignment.
2. Field selection
i.e. which field is mandatory, which field is optional, which field is hidden, which field is displayed.
3. Partner functions
i.e. vendors, ordering addressee, forwarding agent, goods supplier etc..
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